TPP 324: Is buy-to-let dead?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 30 May 2019
⏱️ 26 minutes
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| 0:00.0 | Hi, it's the Property Podcast, Rob B with Rob D, and you're listening to episode 324. |
| 0:08.0 | And Property Investment is dead. |
| 0:11.0 | It's over. According to the headlines, according to the click-baity titles |
| 0:15.9 | Property investment's dead. So will this be our last ever podcast? Listen on. property investors come together to be informed and inspired. |
| 0:33.2 | And let's be honest, inspiration is hard to find at the moment because there are so many articles |
| 0:37.4 | and YouTube videos around that are saying, Bightlet is dead. |
| 0:41.1 | Well, is it dead or is it just resting? We'll find out in this |
| 0:44.3 | episode and stick around to the end because in Hub Extra we've got a resource that |
| 0:47.3 | can cut your costs in another asset class as well. |
| 0:50.6 | So Rob new story at the week everyone's going to be in tears for letting agents because letting agents are loved by all landlords and they will no longer be able to charge fees. |
| 1:01.0 | Now, of course, we're not going to have many people actually sobbing |
| 1:04.6 | for letting agents here Rob but it will make a difference to the property market and |
| 1:08.4 | it's an interesting few months as this beds in. Yeah I'm not sure there's a |
| 1:11.5 | violin tiny enough for this one really, but it's worth remembering |
| 1:14.4 | that it doesn't just apply to letting agents, it does apply to landlords as well. |
| 1:19.5 | Landlords of course are losing a point of difference as a result because often if you're a tenant you go to a |
| 1:24.2 | letting agent they'll charge you a few hundred pounds in fees because they can. |
| 1:28.0 | Landlord might just charge you 50 quid if that to cover the referencing so |
| 1:32.4 | that was an advantage of dealing with their private landlord that's now gone away because no one's going to be able to charge any fees at all. |
| 1:38.8 | It's been talked about for such a long time. It's finally coming in in a few days time and it's going to be so |
| 1:43.9 | interesting to see what happens already anecdotally we've been hearing about |
| 1:48.2 | letting agents shutting down I've also heard from landlords who are having their |
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